Guest Posted January 16, 2018 Share Posted January 16, 2018 Global Clampdown Fear Crashes Ripple and all other Cryptocurrencies https://www.ripplecoinnews.com/global-clampdown-fear-crashes-ripple-and-all-other-cryptocurrencies Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2018 Share Posted January 16, 2018 dat article....what a load of drivel Link to comment Share on other sites More sharing options...
aavkk Posted January 16, 2018 Share Posted January 16, 2018 Thanks for posting however I noticed a couple of errors. I dont believe Ripple has the "capacity to create even 100 billion more coins each month". Its my understanding there will never be any more than 100 B. Also, I've heard Brad Garlinghouse mention that XRP is 1000x faster and cheaper than BTC, not the 10x faster that you mentioned. Please correct me if I am wrong. Link to comment Share on other sites More sharing options...
MaxEntropy Posted January 16, 2018 Share Posted January 16, 2018 A base was stablished at: .25 cents, now at 1.00 It will be back. The price has nothing to do with the real issues: wallets eco-system peer to peer transacting Link to comment Share on other sites More sharing options...
Alluvial Posted January 16, 2018 Share Posted January 16, 2018 "The company has the capacity to create even 100 billion more coins each month." The wording here is horrible. I think the author meant to say that Ripple receives 1 billion xrps each month pursuant to the Escrow agreement. Those not used are put back into escrow. Ripple does not "create" more xrps, and the number 100 billion for the monthly allotment is also wrong. PRX 1 Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2018 Share Posted January 16, 2018 @Alluvial, @aavkk Sorry for this error .. I will check it Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2018 Share Posted January 16, 2018 (edited) 1 hour ago, Alluvial said: "The company has the capacity to create even 100 billion more coins each month." The wording here is horrible. I think the author meant to say that Ripple receives 1 billion xrps each month pursuant to the Escrow agreement. Those not used are put back into escrow. Ripple does not "create" more xrps, and the number 100 billion for the monthly allotment is also wrong. I was mean " Ripple are controlled by the firm, which has initially created 100 billion ripple - 38 billion of which are in circulation. And ripple can release one billion further coins each month. " Sorry Edited January 16, 2018 by ahmadderar Link to comment Share on other sites More sharing options...
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